The announcement was made after trading hours on 13 January 2011.

Meanwhile, the BSE Sensex was down 130.97 points, or 0.68% to 19,051.85.

On BSE, 1,043 shares were traded in the counter as against an average daily volume of 2.11 lakh shares in the past one quarter.

The stock hit a high of Rs 299.60 and a low of Rs 296.35 so far during the day. The stock had hit a record high of Rs 416.80 on 12 October 2010 and a 52-week low of Rs 107.94 on 29 January 2010.

The stock had underperformed the market over the past one month till 13 January 2011, falling 4.66% compared with the Sensex's 2.58% decline. The scrip had also underperformed the market in past one quarter, declining 24.52% as against 7.28% decline in the Sensex.

The small-cap company providing logistics services in the oil and gas sectors, has an equity capital of Rs 31.34 crore. Face value per share is Rs 10.

Aegis Logistics' consolidated net profit declined 13.2% to Rs 9.42 crore on 263.2% jump in net sales to Rs 272.89 crore in Q2 September 2010 over Q2 September 2009.